OT: Stock trading

[tentoes4rings]

We started discussing this in another thread so I decided to start a new thread. Would love to know what sectors and stocks people are in, with successes and if you want to share, bad trades or holds. My brief story below:

Traded a lot from 99-01 but volatility of Dot Com Market collapse forced me out with a decent profit. Fast forward19 years, I dove back in at the bottom in March. Had some success trading Comcast the first week, got caught in a bad trade with Citrix. Had an initial wishlist of NFLX, DOCU, Roku and Comcast. Didn’t pull the trigger quickly enough and watched most run away. Roku and Gartner I’ve been in and out of but just can’t seem to win on them. Two big winners have been DocuSign and Five Nine Inc (FIVN). I’m out now except for a small position in DocuSign, as I expect tech stocks to sell off soon and want to be ready to buy on dip.

Stocks Im looking at adding:
MSFT
AMZN
FB
ROKU
TWLO
FIVN
BX (Blackstone)
Tesla
OKTA
PENN
Walmart
CCL (Carnival)
IT (Gartner)

 

[JimHurley]

My favorite sector is tech, the growth and profitability is just unmatched. MSFT, GOOG, AAPL, FB, etc. you can’t go wrong.

AMZN is my favorite of all. Incredibly well run company, people love the consumer friendliness, it’s growing at a crazy rate, their cloud brings in tons of profit.

Also a big fan of BRK.B, DIS, JPM, WM, LOW, LYV, BAM, and SBUX.

Sleeper is UBER by a mile. If you’re somewhat young and can afford some risk, I’d buy that in a second.

 

[Ts5034]

Im not a stocks guy, don't own any, but have been thinking about it recently, so Im no expert on this at all. I would think that common sense would say it may be a good time to buy stocks that have to do with traveling. I noticed you listed Carnival, I think cruise line stocks are at all time lows right now. You would think they rebound even if it takes 18-24 months.

 

[superjohn]

Im not a stocks guy, don't own any, but have been thinking about it recently, so Im no expert on this at all. I would think that common sense would say it may be a good time to buy stocks that have to do with traveling. I noticed you listed Carnival, I think cruise line stocks are at all time lows right now. You would think they rebound even if it takes 18-24 months.

I wouldn't touch travel stocks right now. If you want to invest in something and you're thinking travel invest in Disney that's been hurt by lack of travel and shutdown of theme parks but is so diverse and such a great company they are involved in everything and can manuever around these trying times.

 

[tentoes4rings]

Im not a stocks guy, don't own any, but have been thinking about it recently, so Im no expert on this at all. I would think that common sense would say it may be a good time to buy stocks that have to do with traveling. I noticed you listed Carnival, I think cruise line stocks are at all time lows right now. You would think they rebound even if it takes 18-24 months.

So I didn’t mention some of my other trades the past two months, United Airlines and Delta were where I was heavily invested and it took my focus off the Amazons, Facebook, Roku etc. I’ve gotten in and out of airlines and Carnival with not much to show for it other than a nerve wracking education.

With regard to airlines and cruise stocks, I think there isn’t much downside risk left, it’s just a question of whether they’re relatively dead money for a year when that sane money could appreciate significantly in consumer staples like Walmart and Costco and tech stocks. I’m considering buying a basket of 10-15 stocks, with an airline or cruise stock in the mix but only maybe 10% of the bucket. Casinos like Penn would be in that mix too. When people start going out again, they stand to go up a lot it seems.

 

[tentoes4rings]

I wouldn't touch travel stocks right now. If you want to invest in something and you're thinking travel invest in Disney that's been hurt by lack of travel and shutdown of theme parks but is so diverse and such a great company they are involved in everything and can manuever around these trying times.

I don’t disagree John. I’d throw Comcast in that mix too. Both have been impacted significantly by their theme parks being shut down. Comcast also lost the 2020 Olympics, which is a huge event for them. With Peacock launching in July, Olympics in 2021, strong mobile subscriber growth and huge broadband demand, I wouldn’t be surprised to see that at 55-60 within a year or two, a gain of 50-70%.

 

[FatElvis]

Blue horseshoe loves Anacott Steel.

 

[uconndogs]

I don’t follow airlines and cruise lines, but I have to imagine there is enormous equity risk. The airlines may be largely owned by the federal government and cruise lines by their debt holders before their revenues recover.

Buffet dumped all his airline holdings and he’s the ultimate long term investor, so that tells you something.

 

[LIuconn]

Buffet is also 89 and doesn't have the investing horizon he once did. Not saying airlines are good or bad investments, but he was a contrarian investor during his time.

In my Roth I've been buying/selling blue chippers like PSA, ADBE, AMAT, WFC on days the market goes down, then selling the next day after the morning bump.
^ Thank you Charles Schwab for commission-free trading!

I have my long-termers that I'm not touching (JNJ, DIS, DUK, T,VZ, WM, MSFT etc), but having some fun and success timing the recent volatility.

 

[Jay-Bone]

I've been swing trading UAL & CCL fairly successfully. On the flip side I got pantsed by USO going into contango. I bought into the market between $18k-$19k but did not hold as I didn't imagine such a quick bounce back. Took out small profits hoping for a dead cat bounce. Oh well.

The big question is, will there be a rug pull?

 

[Scud49]

It's a dicey time of course, so my finger is always close to the trigger if I need to sell. I've had some very good results with the following, I generally hold for 2-5 days and try and catch uptrends from a solid base:

SEDG
ENPH
TDOC
ZM
OKTA
ZYXI
FLGT
VRTX
BMY

I'll be looking at VIRT on Monday, it sold off after reporting good earnings late this past week.

 

[uconndogs]

Buffet is also 89 and doesn't have the investing horizon he once did. Not saying airlines are good or bad investments, but he was a contrarian investor during his time.

In my Roth I've been buying/selling blue chippers like PSA, ADBE, AMAT, WFC on days the market goes down, then selling the next day after the morning bump.
^ Thank you Charles Schwab for commission-free trading!

I have my long-termers that I'm not touching (JNJ, DIS, DUK, T,VZ, WM, MSFT etc), but having some fun and success timing the recent volatility.

Buffet‘s time horizon has nothing to do with his age and everything to do with a longterm investment strategy he’s imbedded in BRK. He got out of the airlines lock stock and barrel. I might give that some weight.

 

[StllH8L8ner]

My favorite sector is tech, the growth and profitability is just unmatched. MSFT, APPL, AAPL, FB, etc. you can’t go wrong.

AMZN is my favorite of all. Incredibly well run company, people love the consumer friendliness, it’s growing at a crazy rate, their cloud brings in tons of profit.

Also a big fan of BRK.B, DIS, JPM, WM, LOW, LYV, BAM, and SBUX.

Sleeper is UBER by a mile. If you’re somewhat young and can afford some risk, I’d buy that in a second.

As mentioned in the other thread, I have all of those in your top list and I'd add NVDA as a personal favorite.

I think Boeing is really interesting but just really hard to get a feel for them. I was hoping for a pullback to buy some more around $100 but it keeps going up!

Check out APTV also. I bought in at around $40 but even at the current price it has a ways to go to get to its ATH.

Skyworks SWKS is also another one to keep an eye on if there's a dip but its been running after earnings.

 

[McLovin]

Been investing for just under 10 years and I've learned a bunch along the way by making mistakes. Could probably write a whole book on the mistakes I made (either positions gone wrong or stocks I never pulled the trigger on). I never trade stocks (technical driven positions) but invest in stocks for the long-term share appreciation.

The past 3-4 years I've really refined my strategy to focus on industry leaders or up-and-coming disrupters. I focus mostly on tech, specifically B2B tech and financial technology.

My biggest position by far is Square (SQ) which I bulked up on during March. I also own Salesforce (CRM), PayPal (PYPL), Mitek (MITK), Health Equity (HQY), Qualys (QYLS) and Workhorse (WKHS).

My average annual return the past 5 years has been almost 18% and over the past 3 years my average annual return has been 27%.

Here are two of the biggest mistakes people make when investing (including things that I constantly battle with):

1) Buying something without fully understanding the business and their industry. Twitter and message board tips shouldn't drive an investment strategy.

2) Hesitating to buy a stock you've done your research because "experts" say its a bad investment or the stock price is down. If you need external validation (either experts saying buy or rising share prices) you've missed your opportunity to make good money, most likely.

 

[kobebeanbryant]

My favorite sector is tech, the growth and profitability is just unmatched. MSFT, APPL, AAPL, FB, etc. you can’t go wrong.

AMZN is my favorite of all. Incredibly well run company, people love the consumer friendliness, it’s growing at a crazy rate, their cloud brings in tons of profit.

Also a big fan of BRK.B, DIS, JPM, WM, LOW, LYV, BAM, and SBUX.

Sleeper is UBER by a mile. If you’re somewhat young and can afford some risk, I’d buy that in a second.

i’m curious what you think the long game is for uber?

seems like they are banking on self driving to hit their valuation, which they are well behind on, and won’t come to fruition anytime soon.

 

[the Q]

Just have stocks in my Roth.

BCE
MO
OZK
ABBV
UNM
T
VZ
WFC
ENB
PRU
HBI

I’m looking for rock solid dividend payers to add a bunch more shares over the next 30-35 years

 

[StllH8L8ner]

i’m curious what you think the long game is for uber?

seems like they are banking on self driving to hit their valuation, which they are well behind on, and won’t come to fruition anytime soon.

I thought their biggest risk was coming in November. If Dems take over, they may scrutinize the "gig" industry, i.e. they could require Uber to make drivers employees and pay a $15 minimum wage? Didn't they try to push that in CA a while back?

 

[Apollo]

I've been swing trading UAL & CCL fairly successfully. On the flip side I got pantsed by USO going into contango. I bought into the market between $18k-$19k but did not hold as I didn't imagine such a quick bounce back. Took out small profits hoping for a dead cat bounce. Oh well.

The big question is, will there be a rug pull?

words

 

[JimHurley]

Been investing for just under 10 years and I've learned a bunch along the way by making mistakes. Could probably write a whole book on the mistakes I made (either positions gone wrong or stocks I never pulled the trigger on). I never trade stocks (technical driven positions) but invest in stocks for the long-term share appreciation.

The past 3-4 years I've really refined my strategy to focus on industry leaders or up-and-coming disrupters. I focus mostly on tech, specifically B2B tech and financial technology.

My biggest position by far is Square (SQ) which I bulked up on during March. I also own Salesforce (CRM), PayPal (PYPL), Mitek (MITK), Health Equity (HQY), Qualys (QYLS) and Workhorse (WKHS).

My average annual return the past 5 years has been almost 18% and over the past 3 years my average annual return has been 27%.

Here are two of the biggest mistakes people make when investing (including things that I constantly battle with):

1) Buying something without fully understanding the business and their industry. Twitter and message board tips shouldn't drive an investment strategy.

2) Hesitating to buy a stock you've done your research because "experts" say its a bad investment or the stock price is down. If you need external validation (either experts saying buy or rising share prices) you've missed your opportunity to make good money, most likely.

Hope you bought SQ when it was under $40 in March!! That’s the one I’m still kicking myself over.

 

[brasssbonanzaa]

I thought their biggest risk was coming in November. If Dems take over, they may scrutinize the "gig" industry, i.e. they could require Uber to make drivers employees and pay a $15 minimum wage? Didn't they try to push that in CA a while back?

Whether the move would be right or wrong, it's tough to see that happening any time soon at a federal level. I think Uber's problem is going to be convincing people it's once again safe to get into a random person's car where 10-15 other people have sat in the past few hours.

 

[JimHurley]

i’m curious what you think the long game is for uber?

seems like they are banking on self driving to hit their valuation, which they are well behind on, and won’t come to fruition anytime soon.

Sure. Uber Eats is one thing. It’s growth during the virus at an astronomical rate and I think people are going to really like and continue to use it. I also think mass transit (buses, trains, subway, etc.) are in big trouble after this. People will be more comfortable in a car with one other person in it than they will with thousands of people coming in and out of public transpo. Regarding self driving, they will get there. They are behind, but don’t count on it staying that way.

 

[XLCenterFan]

I sold out of all my stocks in October and have been itching to get back in the game. I've been buying and selling since like 2006.

I downloaded Robinhood the other day and started my rebuild. I'm building long-term positions on PYPL (PayPal - owns Venmo, amongst other cashless transaction options), and 3-D printing stocks - PRLB (Proto Labs), DDD (3D Systems), and SSYS (Stratasys). I'm not into crypto, but love the cashless payment options, as well as 3-D printing stocks. I feel like people will both be moving away from cash and making more things at home, on 3-D printers, especially when they become much cheaper and more efficient.

 

[McLovin]

Hope you bought SQ when it was under $40 in March!! That’s the one I’m still kicking myself over.

Was buying down into the 40s but didn’t catch it below that.

 

[kobebeanbryant]

Regarding self driving, they will get there. They are behind, but don’t count on it staying that way.

is this based upon anything? what gives you any confidence they will catch up to the market leaders in this space?

so far their only strategy has been to steal from them.

uber has first mover advantage in rides, which they have parlayed into a synergy with food delivery. but as you can see with all the competition in these spaces, they are both low barrier to entry, so ultimately it will be a race to the bottom on price (their first mover advantage will give them some cushion here, but unclear how much).

i am open to being convinced otherwise though, since i genuinely feel that i am missing something on them

 

[XLCenterFan]

I just can't bring myself to buy into the evil empires of the Amazons or Walmarts. I'm actually hoping for them to get broken up...maybe go bust and disappear. I know it won't happen, but a guy can dream.